HODGES MANOR, SIMONSDALE, AND LOXLEY PLACE HOUSING MARKET DATA

There was a decrease in total units sold in July, with 52 sold this month in Hodges Manor, Simonsdale, and Loxley Place Real Estate versus 62 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 20% versus July 2024.

Versus last year, the total number of homes available this month is lower by 14 units or 11%. The total number of active inventory this July was 118 compared to 132 in July 2024. This month's total of 118 is lower than the previous month's total supply of available inventory of 130, a decrease of 9%.

Last July, the median sale price for Hodges Manor, Simonsdale, and Loxley Place Homes was $250,000. This July, the median sale price was approximately the same at $255,700. The current median sold price is 2% higher than in July 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In July, there was 2.3 months of supply available in Hodges Manor, Simonsdale, and Loxley Place, compared to 2.0 in July 2024. That is an increase of 12% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 72 homes newly listed for sale in Hodges Manor, Simonsdale, and Loxley Place compared to 84 in July 2024, a decrease of 14%. There were 66 current contracts pending sale this July compared to 62 a year ago. The number of current contracts is 6% higher than last July.

In July, the average sale price in Hodges Manor, Simonsdale, and Loxley Place was 100.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 34, higher than the average last year, which was 23, an increase of 48%.





FOCUS ON: HODGES MANOR, SIMONSDALE, AND LOXLEY PLACE HOUSING MARKET			JULY 2025

Zip Code(s): 23701 and 23702
Units Sold 52	Active Inventory 118	Median Sale Price $255,700	Days On Market 34

Down -20% Vs. Year Ago	Down -11% Vs. Year Ago	Up 2% Vs. Year Ago	Up 48% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 52 sold this month in Hodges Manor, Simonsdale, and Loxley Place Real Estate versus 62 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 20% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 14 units or 11%. The total number of active inventory this July was 118 compared to 132 in July 2024. This month's total of 118 is lower than the previous month's total supply of available inventory of 130, a decrease of 9%.
		Median Sale Price Last July, the median sale price for Hodges Manor, Simonsdale, and Loxley Place Homes was $250,000. This July, the median sale price was approximately the same at $255,700. The current median sold price is 2% higher than in July 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 72	Current Contracts 66	Sold Vs. List Price 100.2%	Months of Supply 2.3

Down -14% Vs. Year Ago	Up 6% Vs. Year Ago	No Change Vs. Year Ago	Up 12% Vs. Year Ago


		Months of Supply In July, there was 2.3 months of supply available in Hodges Manor, Simonsdale, and Loxley Place, compared to 2.0 in July 2024. That is an increase of 12% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 72 homes newly listed for sale in Hodges Manor, Simonsdale, and Loxley Place compared to 84 in July 2024, a decrease of 14%. There were 66 current contracts pending sale this July compared to 62 a year ago. The number of current contracts is 6% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Hodges Manor, Simonsdale, and Loxley Place was 100.2% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 34, higher than the average last year, which was 23, an increase of 48%.


	Hodges Manor, Simonsdale, and Loxley Place are defined as properties listed in zip code/s 23701 and 23702.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by REIN and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of REIN or Long & Foster Real Estate, Inc.